Landmark MEPC Scheme approved in Cardiff

MEPC Ltd has secured outline planning permission for a 500,000sqft office proposal  as the next phase of the prestigious Callaghan Sq scheme which they have been developing over the last 10 years.

This key City Centre scheme comprises 6 buildings ranging in height between 4 and 12 storeys and is designed to BREEAM Excellent standards.  The development is estimated to create 2,300 full-time employment opportunities.

James Dipple, Development Director, of MEPC commented:

“Callaghan Square has been a very successful development for MEPC and commands the best rents in Cardiff in recognition of its quality and excellent location.  We are delighted to have secured permission to develop the next phase as this will maintain the momentum of delivery and allow the City to continue attract high calibre occupiers.”

The application was managed by Savills Planning & Regeneration who have advised MEPC on Callaghan Sq for 8 years.  Chris Potts, Director and Head of Cardiff Office, commented:

MEPC and Cardiff Council both recognised the importance of bringing forward the opportunity of developing this key site in challenging economic conditions and represents a display of confidence in the city’s regeneration.